Union Bank

Online Banking


Build Loans

Build loans can be used for new home construction, additions, renovations or small commercial buildings. Borrowers with suitable experience can act as the general contractor or perform some—or all—of the construction.

Financing construction doesn’t have to be a huge headache. We have streamlined the process to make funds available when you need them — without the hassle of costly inspection reports. Simply submit your eligible construction invoices to us, and we will pay contractors directly from your construction-loan checking account. There are no minimum draw amounts, and you can request draws as often as needed.

Union Bank’s Build Loan is better for contractors, as funds are usually available in 24-48 hours, allowing contractors to move forward without delays caused by inspections. And since funds are approved at the time of the loan, contractors can drop off consumer-approved invoices and pick up a check within 48 hours.

A Build Loan also benefits realtors, as it makes construction financing easy for buyers since it allows prospective homeowners to use the same loan to buy the land and finance construction.

Apply Now

Download our printable applications. Each PDF contains instructions and “field fillable” boxes you can type directly into. Once completed, simply print out, sign and deliver (or mail) to any of our locations.

VT Home Build Loan

NH Home Build Loan

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